Audioboom (AIM: BOOM), the leading global podcast company, announces that, on 3 March, Michael Tobin OBE, the Chairman of the Company, exercised warrants over a further 150,000 ordinary shares of no par value in the Company (“Ordinary Shares”).
As a result, Michael Tobin’s holding of ordinary shares in the Company will increase to 575,186 Ordinary Shares, representing approximately 3.57 per cent. of the Company’s issued share capital.
Application has been made for the admission of these new Ordinary Shares to trading on AIM (“Admission”). It is expected that Admission will become effective at 8am on 9 March.
Following Admission, the issued ordinary share capital of the Company will comprise 16,107,286 ordinary shares with one voting right per share (“Ordinary Shares”). The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company is 16,107,286. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA’s Disclosure Guidance and Transparency Rules.
The FCA notification in respect of the above, made in accordance with the requirements of the UK Market Abuse Regulation, is appended below.
Audioboom Group plc
Tel: +44(0)20 3714 4285
Stuart Last, Chief Executive Officer
Brad Clarke, Chief Financial Officer
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